The introduction of the DC/EP will promote the internationalization of the yuan, as foreigners can have their digital wallets and participate in the DC/EP transactions through a simple registration process, by just providing their email addresses. It can also simplify cross-border payments, said Zhu.
The latest update of global standards in 5G technologies will release the superfast wireless technology's potential in industrial applications and advance it from being usable to being easy to use, industry experts said.
The launch of Foreign Investment Law and reduced negative list for foreign investors further opened Chinese market and eased the market access for international companies, providing more opportunities for international businesses.
The investment in 5G technology will be at least 1.5 times that of 4G technology, and is expected to surpass 1.2 trillion yuan (4 billion), said Wei Leping, deputy director of communications science at MIIT's technology commission.
The internet giant, together with its affiliate Ant Financial Services Group, is spending .5 billion to take all outstanding shares it does not own from existing investors.
The issue is now grabbing global headlines, as a migrant caravan of thousands is heading through Mexico toward the United States.
唐山法令纹是啥?
The law says mentally ill people, with the exception of those with severe mental illnesses or who have the potential to harm themselves or others, should receive inpatient treatment on a purely voluntary basis.
The latest tally of casualties from the Camp Fire was announced by Butte County Sheriff Kory Honea as forensic teams with cadaver dogs combed through a ghostly landscape strewn with ash and charred debris in Paradise, California, in the Sierra foothills about 175 miles (280 km) north of San Francisco.
The joint venture was initially launched a little over a year ago. Its goals were mostly mysterious until documents in a lawsuit last month shed light on Haven’s ambitions.
The internationalization of the RMB is facing challenges stemming from the changing global landscape and downward pressure on the economy, it said, calling for further improvement in financial infrastructure to support cross-border RMB settlement.